Venture Capital Chief Financial Officers


Overview

Venture Capital Chief Financial Officers

Introduction

Chief financial officers manage the accounting and financial reporting functions of venture capital firms and their portfolio companies. They also provide strategic business advice to partners and the founders of start-ups. 

Quick Facts


More

Median Salary

$172,250

More

Employment Prospects

Fair

More

Minimum Education Level

Bachelor's Degree


More

Experience

Ten years of experience in lower-level accounting and finance pos


More

Skills

Financial


More

Personality Traits

Organized

Earnings

According to PayScale.com, the average salary for chief financial officers was $135,540 in October 2020. Salaries ranged from $76,000 to $223,000 or more. 

Chief financial officers in the finance and accounting sector earned salaries that ranged from $172,250 to $248,000 or more in 2019, according to financial recruiter Robert Half Accounting & Finance’s 2020 Salary Guide.

Work Environment

Expect to work long hours as a venture capital CFO. In fact, many accounting and finance managers work up to 50 or more hours per week. The work environment can be extremely busy. Some CFOs manage several funds at once, which sometimes entails interaction with a different set of investors, the preparation of different quarterly reports, conducting separate audits, and having other unique respon...

Outlook

Job opportunities for financial managers (including chief financial officers) who work with funds, trusts, and other financial vehicles will grow by nearly 15 percent, much faster than the average, through 2029, according to the Occupational Outlook Handbook. Despite this prediction, it will be tough to land a job. The venture capital industry is small and only a finite number of posit...